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02.03.2022 (486 Clicks)

Metso Outotec Business update on Russia Ukraine Conflict

As a result of Russia’s military actions against Ukraine, the European Union, the United States and other countries have announced severe sanctions against Russia. While the mining industry is currently not directly targeted by the sanctions, sanctions against the banking sector and individuals as well as other restrictions may have an impact on Metso Outotec and our customers’ Russia related businesses. Due to the current unclear and changing sanction situation, Metso Outotec has temporarily ceased its deliveries to Russia.

02.03.2022 (429 Clicks)

Hexagon introduces GeoSlate App to simplify geological Drillhole Logging

Hexagon’s Mining division announced that it has introduced HxGN MinePlan GeoSlate, a mobile, geological drillhole logging application that simplifies the field data collection process.

02.03.2022 (340 Clicks)

Sika strengthens Access to the Distribution Channel in Canada

Sika acquires Sable Marco Inc., a manufacturer of cementitious products and mortars in Canada.

Headquartered in Pont Rouge, close to Québec City, the complementary acquisition will open up new opportunities for Sika in the Eastern region of Canada and clearly improve Sika’s access to the retail distribution channel. The acquired business generates annual sales of CHF 20 million.

Sable Marco has built up a strong presence in the distribution channel and an excellent relationship with major national and regional building material stores and DYI retail chains. The customer base is highly complementary to Sika and the acquisition will enable the development of relationships with new high-potential customers. Sable Marco operates one plant in the area of Québec City offering logistic and strategic benefits for Sika Canada. This location will allow Sika to expand the reach and better serve customers in the Eastern part of the country. The product range of Sable Marco includes cementitious products, mortars, polymeric sand, and other bagged materials. Synergies will be generated by exploring cross-selling potential for Sika’s Target Markets Waterproofing and Building Finishing through additional channels, improved geographical access, as well as from the opportunities opening up in the growing polymeric sand category.

Christoph Ganz, Regional Manager Americas: “With the acquisition of Sable Marco, Sika Canada will expand its penetration with big boxes, home centers, and builders’ merchants which, in line with our strategic plan, will increase sales being generated through the distribution channel. We warmly welcome the Sable Marco employees to the Sika family and look forward to successfully developing our business together in the Canadian market.”

Source: SIKA AG

                     

02.03.2022 (385 Clicks)

Fugro USV Project Team wins Energy Industry Game Changer Award

Fugro’s Blue Essence uncrewed surface vessel (USV) has been awarded the Energy Industry Game Changer Award at the 2021 Energy Club WA Award, an initiative of the Australian Institute of Energy (AIE).

01.03.2022 (298 Clicks)

Gateway Program completes Hudson Tunnel Geotechnical Investigation Work necessary to enter next Phase of Federal Grant Program

Total of 75 Geotechnical Investigations in NY and NJ Provide Vital Pre-Construction Information; 13 Geotechnical Borings Completed on Manhattan's Far West Side After Amtrak Acquired Property for Hudson Tunnel Project; Private Sector Collaboration Helps Mitigate Project Risk

01.03.2022 (283 Clicks)

Implenia well on Track – increased Profit based on underlying Performance

01.03.2022 (302 Clicks)

HS2 funds major new environmental Project in Staffordshire

01.03.2022 (257 Clicks)

Climate Change: a Threat to human Wellbeing and Health of the Planet. Taking Action now can secure our Future

Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least able to cope are being hardest hit, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.

28.02.2022 (257 Clicks)

Hexagon strengthens Drill Autonomy Capabilities with exclusive Partnership

Hexagon’s Mining division today announced it has signed an exclusive partnership agreement with Phoenix Drill Control, a technology company specialized in implementing autonomous technology to the open-pit, blast-hole drilling process.

26.02.2022 (274 Clicks)

Cimic's Leighton Asia wins new Orders in New Work in Hong Kong

Cimic Group company Leighton Asia has won new contracts in Hong Kong that will generate total revenue of A$104 million.